The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1887-06-18

company with President klmball, on
Wednesday afternoon, and found things
some what changed since his last visit.
The main shaft is now down about
eighty-six feet, from which cross-cut
has been driven a distance ofaboutforty
feet and from this cross-cut at a point
about twenty-five feet north OF the shaft
a drift has been started, being carried
east and west, the east end having pro-
crossed about thirty feet and the west
end about fifty. The east part Of the
drift is being carried along the vein and is
for exploratory purposes, while the west
end is in the vein and will connect "a"
the main shaft, with sc" shaft. "a"
shaft is near the foot wall, while &C"
shaft is about i'm the center Of the vein,
so that the drift will not run directly
east and west, but viii swing south
When this connection is made il will rem
der the mine in excellent condition for
stopping. There is some talk Of lowering
"a" shaft down some twenty-five or
thirty feet and stope from there, and
take the ore from the present workings
later on. The ore i'm what is Familiarity
known as the "West pitt is continually
lettering. The pit has been converted
into a well-timbered working shaft. The
engine house is nearly completed and
with force OF thirty-five men at work
the property presents "a very lively APP
pearance. Not much ore will be raised
until the spur track is completed, which,
President Kimbal says, will not be long.
Ore could now be raised at the rate OF
fifty tons per day.
One firm reports sales OF No. specu-
lar and magnetic Bessemer aggregating
10000 tons. There has been no falling
off i'm prices and there seems little pros
pect of weakening features in the market
which all dealers characterize rs strong il
not particularly active. Vessel rates
have gone up "a notch and at present
prices paid for bringing down ore, the lake
transportation companies can probably
make more money than in handling any
other kind al freight For this reason it
seems that the fears, hitherto entertained
by mine owners OF n lack of carrying
capacity, may be abandoned. Ore is
coming down to Lake Erie ports at "A
rapid rate, about 10000 tons having
been received at Cleveland during the
past six days. We are unable TO learn
Of any sales below the schedule Of quot
ations given below which have prevailed
for three or four months. The strike ON
the n. Y, II. & O. ore docks is still inter
fcring with the shipments to furnaces, nj.
though nearly 10000 tons have gone
down this week. There are Indications OF a
1928 vessel rate to Ashland, S1.S0from
Marquette and $1.50 from Escanaba
These advances will interfere slightly with
the profits of the mine owners, but will
not affect the furnaccmen, most ofwhom
have bought from three-fourths to seven
eighths OF all the ore they will rquir,
this season. We quote:
No specular and magnetic Besse-
iner ores per tOn......................SI OOW1 D,
No. Specular tnon- Bcssemer) ores 80. =,
per oOWo ~
Bessemer Hematites ................... 3 1900 0t
Non Bessemer Hematites ............. Oom5 "a
Cleveland Iron Trade Review.
IL is pretty certain that ID. c. Lock
wood has got ore at his explorations on
section thirty-three, 1882. The test
pitting mentioned last week was contin
ued west up the hill The pit in which
the ore has been encountered isnow down
about thirty feet. The usual cappinl
was penetrated when the pit bottomec
i'm graphite, which had a thickness o
about five feet, Immediately under this
the ore was found. The oreis still rather
lean but il lettering and will no doubt
clean up and become first class in few
more feet. Mr.. Lockwood is OF the opin
ion that he has encountered the contin
uation OF the Kimball vein, though hit
work il hall a mile from that mine. The
ore il soft and rich looking.
The Caledonia mine has been orissoor
TO be closed down temporarily, rumoi
SAYS. II is further heard that Benjamin
Moore & Co, are 20 withdraw. One
thing is quite sure, the mine Is not belnl
closed for want OF ore, as there rs known
TO be fine body of Bessemer ore mt that
point. and il may be said with truth
that the property has hardly as yet beer
explored, it being very large. Develop
ment will eventually prove up large
mine there. The property IL certainly !